The Pierre & Vacances Group is the European leader in holiday residences. Its expansion is based on an original economic model combining property development and tourism. Today, the Group has eight complementary tourism brands, Pierre & Vacances, Adagio City Aparthotel, Maeva, Résidences MGM, Hôtels Latitudes, Center Parcs, Sunparks and Citéa. It operates 48,300 holiday apartments and homes located in Europe. In 2007, the Group welcomed 6.9 million holiday-makers, attracted to its holiday formulas offering appealing destinations and “à-la-carte” services.